SBI, Eicher Motors: Bata India, SBI, Eicher Motors, ABFRL, Pfizer, Gujarat State Petronet, Uflex, Grindwell Norton and Gujarat Alkalies & Chemicals are among companies which will announce their September quarter results today.
Bharti Airtel: India’s second-largest telecom firm Bharti Airtel on Tuesday reported a net profit of Rs 1,134 crore for the September 2021 quarter, and said it is witnessing strong business momentum with growth in 4G customers and increase in mobile ARPU.
HDFC Life Insurance: Competition Commission of India (CCI) approved the acquisition of Exide Life Insurance by HDFC Life Insurance. The proposed combination involves the acquisition of fully paid-up equity shares, representing 100 per cent of Exide Life Insurance by HDFC Life Insurance from Exide Industries Ltd, as per a press release.
Sun Pharma: India’s largest drug maker said it is looking at possible acquisitions in the US, Europe and emerging markets.
Central Bank of India: The RBI has issued a revised Prompt Corrective Action (PCA) framework for banks.
JSPL: Domestic steel maker JSPL reported a nearly three-fold rise in consolidated net profit to Rs 2,584 crore during the September quarter, mainly on account of increased income. Its net profit was Rs 897 crore in the year-ago period, Jindal Steel and Power Limited (JSPL) said in a regulatory filing.
Sterlite Technologies: The company said it has divested its minority stake in Metis Eduventures for about Rs 45 crore.
Gillette India: The grooming products maker reported a 14.02 per cent decline in its net profit to Rs 81.93 crore for the first quarter ended September 30. The company, which follows July-June financial year, had reported a profit of Rs 95.29 crore in the corresponding quarter previous fiscal.
Trent: Tata group retail firm reported a consolidated net profit of Rs 79.99 crore for the second quarter ended September 2021. The company had posted a net loss of Rs 78.56 crore in the July-September quarter a year ago, Trent said in a BSE filing.
PNB Housing Finance: The company board approved a Rs 2,000 crore fundraising plan in bonds following its scrapping of Rs 4000 crore equity infusion from American buyout firm Carlyle.
Vodafone Idea: In line with ongoing 5G trials in India, Vodafone Idea and Ericsson have teamed up to showcase the power of 5G to transform the healthcare sector in India.
TCI: Transport Corporation of India said its subsidiary TCI Cold Chain Solutions has entered into a joint venture with Mitsui to meet the country’s growing demand for temperature-controlled logistics solutions.
